Zhihui News March 24，Changbai Mountain 188bet game Co., Ltd. announces 2020 financial report announcement，According to the announcement，The company’s 2020 net profit attributable to shareholders of listed companies -5,578.550,000 yuan，The net profit for the same period in 2019 was 7,525.940,000 yuan，YoY decrease 174.12%；The company’s total assets in 2020 are 12.0.8 billion yuan，The company’s total assets in 2019 are 13.1.6 billion yuan，YoY decrease 8.17%；Operating revenue in 2020 is 1.4.8 billion yuan，Operating revenue in 2019 is 4.6.8 billion yuan，68 year-on-year decrease.41%。Changbaishan sets the operating target for 2021 as operating income 3.4.9 billion yuan，Net profit is 1734.830,000 yuan。

Financial report display，Main business in 2020，"Tourist operating income" revenue is large，Tourist operation revenue is 1.0.3 billion 188bet game，Revenue ratio is 70.5%，Gross profit margin is -3.1%，But 67 less than the same period last year.94%。The second is hotel business，Revenue is 3,095.270,000 188bet game，Revenue ratio is 21.12%，35 less than the same period last year.27%。

Announcement display，During the reporting period，The company’s core business is 188bet game passenger transportation business，Mainly involved in the transportation of tourists within the three scenic spots of Changbai Mountain、Travel vehicle rental、Parking lot management and other services。Obtained the exclusive right to operate road transportation in three scenic spots in Changbai Mountain，Has inter-provincial car charter qualification，At the same time, carry out online car-hailing business in the region，In 2018, as the mountain gate ticket sales function was moved down during the peak season，Add urban bus line service。In hot spring development business，Lanjing Hot Spring Company is based on Changbai Mountain’s natural volcanic self-overflow hot spring water，Owns the exclusive mining rights of Julong Hot Spring in the North Scenic Area of ​​Changbai Mountain，Annual production of 180,000 cubic meters of hot spring water，Has broad market space。

Hotel management business，Relying on the unique natural resources and location advantages of 188bet game，Investment and construction of 188bet game Hot Spring Resort Hotel，Establishment of Tianchi Hotel Company，And cooperates with the British InterContinental Hotel Management Group to use the Crowne Plaza brand，Commissioned at the end of December 2016，Business covers accommodation services、Catering Services、Conference Services、Travel information consultation, etc.，The hotel has become a landmark hotel in 188bet game area，Plays a positive role in improving the level of tourist reception。

In travel agency business，The company relies on Changbai Mountain 188bet game resources，Focus on the development of special 188bet game products、Conference Travel、Outdoor travel and actively integrate surrounding resources，Realize group development，And develop from traditional travel agencies to "online travel agencies" that combine the advantages of network information technology and the professional service capabilities of travel agencies，Become the lubricant and link for the company’s business development。The current top products include: bicycle riding、Tianchi Wedding、Sunrise sightseeing, etc.。As for scenic spot management，Tianchi Consulting Company is mainly responsible for the development and management of Changbai Mountain Scenic Area、R&D and sales of tourist souvenirs、Construction of service facilities, etc.，is the company’s brand output、Important bearer of management output、Practitioner，In the future, it will gradually be located in the Changbai Mountain area、Extended management export to the three northeastern provinces and even the whole country。